Minimum raised a $2.6 million seed funding round led by Octopus Ventures.

Minimum, a London, UK-based developer of carbon tracking software solutions, announced that it raised a $2.6 million seed funding round.

The money was raised from investors led by Octopus Ventures along with participation from Clocktower Ventures, Dutch Founders Fund, Plug & Play Ventures, and AGO Partners.

The proceeds will support Minimum’s progress in making carbon neutrality the new default for businesses within Europe and the USA.

Minimum, founded in 2020 by Chris Winchurch, CEO Freddie Evans and Freddie Green, developed an API-based software platform that allows businesses to make their operations carbon neutral by default.

The platform allows businesses to both calculate the carbon footprint of its products & services, and to connect to a curated set of market-leading carbon offsetting projects to neutralize their environmental impact.

Once businesses have selected projects to support, Minimum's proprietary API can be used to embed carbon calculation and offsetting functionality directly into their business processes or customer journeys, for example by triggering an offset at the point of sale. Alternatively, you can use Minimum’s simple web app to easily input company emissions information manually.

Minimum was part of Y Combinator in the summer of 2020.